Section: News & Summaries

About a hundred depositors of the Mykhailivsky Bank have blocked the roadway of Khreshchatyk Street near the Maidan Square, according to an UNIAN correspondent. People do not let driving a single car, and some drivers have to turn back toward the European Square. People are holding flags ”Mykhailivsky Bank: return of deposits!” They are also...

Former deputy head of Naftogaz of Ukraine energy holding, who had been in office at the time of Viktor Yanukovych presidency, Hennady Yuriev, has committed suicide in his home in Vinnytsia region, according to the press secretary of Prosecutor General Yuriy Lutsenko. It is noted that today, December 21, military prosecutors have come to his house...

The Verkhovna Rada in the early hours of Wednesday adopted as a whole the government-proposed draft state budget for 2017, providing for a 3% deficit and economic growth laid down at 3%. Budget revenues are set at the level of UAH 721.4 billion, expenses – at UAH 790.4 billion. The deficit ceiling is set at UAH 77.5 billion. Macroeconomic...

Ukraine`s fugitive legislator Oleksandr Onyshchenko has said he will testify to the National Anti-Corruption Bureau via a video conference on December 22, according to an UNIAN correspondent. ”They [NABU] have agreed on my Skype conference [interrogation] tomorrow,” Onyshchenko told reporters at a Skype press conference. At the same time, he...

The Verkhovna Rada of Ukraine has adopted as a basis and as a whole the draft law submitted by Ukrainian President Petro Poroshenko on amendments to the Law of Ukraine ”On banks and banking activity”, involving state guarantee of individuals` deposits in state banks. The relevant decision was supported by 276 MPs with a minimum of 226 votes...

Russian authorities have ordered the Chechen leaders to form two new combat battalions to be deployed in Syria for Russia`s boots-on-the-ground operation, the Novaya Gazeta outlet has learned, according to Ukraine Today. The authorities of the Russia`s autonomous republic of Chechnya will form two battalions of 600 persons, the newspaper says,...

Ambassador of the United States to Ukraine Marie L. Yovanovitch has said that the so-called ”hybrid war” of the Russian Federation against Ukraine began even before this term emerged. At a Kyiv presentation of the Foreign Policy Audit study, Yovanovitch said that over the 25 years since Ukraine had gained independence, the country remained in a...

The Verkhovna Rada of Ukraine has approved the establishment of an Export-Credit Agency with the main task of supporting large-scale expansion and doubling the volume of exports by 2019. The bill on ensuring the large-scale export expansion of Ukrainian producers through insuring, guaranteeing, and reducing the cost of export lending (No.2142a)...

The release of hostages, the opening of the Zolote exit and entry checkpoint, as well as the aggravation of the situation at the Svitlodarsk arc will be discussed at the meeting of the Trilateral Contact Group in Minsk on December 21, 112 Ukraine TV channel reports. ”The meeting of the four working groups will begin, and at 14:00 local time...

Head of the National Bank of Ukraine Valeria Gontareva has said that the stabilization process of the nationalized PrivatBank can take between one and three years, DT.ua reported. ”I think, PrivatBank will have its value and it could be sold… According to my calculations, it would take at least a year, but no more than three years,”...